Avera McKennan Hospital and University Health Center of Sioux Falls, S.D., has signed a multi-year agreement to implement Web-based payment management technology.
Avera McKennan will deploy Healthcare Payment Management from Minneapolis-based U.S. Bank. The Web-based technology is designed to help hospitals increase revenues by collecting more payments at the point of service, reduce bad debt and improve day-to-day operations processes.
The 545-bed hospital is a member of Avera Health, a regional healthcare family of more than 235 facilities in the five-state region of South Dakota, North Dakota, Minnesota, Iowa and Nebraska.
Avera McKennan is also home to the area's only pancreas and bone marrow transplant programs.
U.S. Bancorp, with $264 billion in assets, is the parent company of U.S. Bank, the 6th-largest commercial bank in the United States.